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Time Inc. Shutters InStyle Weddings, Lays Off Nine

Time Inc.’s Instyle Weddings has become the latest casualty of the magazine industry’s larger woes, Gawker reports. The quarterly offshoot of InStyle will publish its last issue on Dec. 25. Nine staffers will be laid off. The move comes as parent Time Inc. is reportedly close to signing a deal with rival publishers to create an “iTunes for mags.” The joint venture is intended to give the publishers a revenue boost and stanch the loss of readers and ad pages.

The closure of InStyle Weddings comes a month after Condé Nast